title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Thursday, May 22, 2003
 

Drug Tax Stamp


I first saw this a few months ago. I'm still not sure if it's a hoax or not.  The State of Kansas is supposedly trying to get drug dealers to buy tax stamps ($100 minimum) to put on their products.  If I'm reading the rules right, there may be a bigger penalty for being caught with illegal drugs that don't have the tax stamp than just for being a dope dealer. 


This seems to illustrate a couple of truisms.



If you can't stop an activity, at least tax it.


As happened with Al Capone, authorities are much more able to throw someone in jail for tax evasion than for what most people would consider to be more serious crimes (murder, drugs, bribery, etc.).


I contacted the Kansas Dept. of Revenue and asked them how much money they actually collect from this.  I will post their response.


- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 5/22/2003 04:57:00 PM Send this post:

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